logo

Functions and Benefits of HRM Practices in an Organization

15 Pages3963 Words65 Views
   

Added on  2023-01-11

About This Document

This document discusses the functions and benefits of HRM practices in an organization. It covers topics such as recruitment, selection, training and development, and employee relations. The document also evaluates the effectiveness of these practices in terms of raising enterprise profit and productivity. The content is relevant to the subject of human resource management and is applicable to various courses and colleges/universities.

Functions and Benefits of HRM Practices in an Organization

   Added on 2023-01-11

ShareRelated Documents
RECRUITMENT
PROCESS
Functions and Benefits of HRM Practices in an Organization_1
Table of Contents
INTRODUCTION.................................................................................................................................3
P1 Discuss functions and purpose of HRM, applicable to workforces planning and resourcing an
organisation.......................................................................................................................................3
P2 Briefly explain strengths and weakness of various approaches to recruitment & selection..........4
TASK 3.................................................................................................................................................6
P3 Explain benefits of HRM practices with enterprise for both employer & employee.....................6
P4 Evaluate effectiveness of different HRM practices in terms of raising enterprise profit &
productivity.......................................................................................................................................7
TASK 3.................................................................................................................................................8
P5 Evaluate importance of employee relations in respect to influencing HRM decision making......8
P6 Identify key components of employment legislation & impact it has on HRM decision making. 8
TASK 4.................................................................................................................................................9
P7 Illustrate application of HRM practices in work related context...................................................9
CONCLUSION...................................................................................................................................11
REFERENCES....................................................................................................................................12
Books & Journal:.............................................................................................................................12
Functions and Benefits of HRM Practices in an Organization_2
INTRODUCTION
In this competitive era, market is expanding and new businesses are taking place in
the sector. Human Resource Planning is changing drastically over a period of time because
new ways and sources have been developed in this field. HRM is defined as process of
recruiting, selecting, training and development and appraising of employees within the
organisation. It is time consuming process but is adopted by enterprise to hire suitable
candidate for firm. Tesco, which is Multinational Corporation and is the largest supermarket
headquartered in UK. The brand has been dealing in variety of products such as groceries,
apparel & fashion etc. It has a well organised human resource department which helps
business to manage all the functions as well as operations smoothly. This report includes
functions of HRM, strength & weakness of process, human resource management practices &
its benefits, effectiveness of practices, importance of employee relations, key elements of
employment legislation and application of HR practices.
TASK 1
P1 Discuss functions and purpose of HRM, applicable to workforces planning and resourcing
an organisation
Human resource management is approach thorough which employee and employer
develop them-selves in proper manner. In an organisation, HR is hired so that all policies,
procedures, rules and regulations etc. are regulated as well as formulated appropriately. There
are many functions which are performed by human resource management which are
mentioned below-
Recruitment- It is a function in which human resource of company hires the ad
search for suitable candidate for the vacant roles in enterprise. It is done via many methods
such as internal and external. It depends upon the HR to select which type of approach. In
relation with Tesco, they use both type of methods because it becomes easy for human
resource department to pool candidates (Lussier, 2019).
Selection- Another function is selecting candidates which are most suitable for the roles and
job. It is also considered to be as negative process because of in this elimination is
done of pooled candidates & best one is selected for further process. It is crucial stage
because right & deserving are to be chosen so that they increase firm productivity
(Armstrong, 2020).
Training and development- Then comes the T& D function in which different
programmes or activities are being carried out to develop employee skills, knowledge and
capabilities. Through this, existing as well as new subordinates enhance their abilities at rapid
scale. Tesco conducts this function by giving difficult situations or task to their personnel so
that they are able to deal with them appropriately.
Purpose-
Functions and Benefits of HRM Practices in an Organization_3
Organisation development- Main purpose of HRM is to develop organisation and
enhance their productivity by selecting as well as recruiting the right employee. Also, they
manage and maintain policies, procedures properly so that discipline is established in firm. It
is necessary to hire suitable candidates so that productivity, performance increases at larger
scale. Thus, Tesco select the applicants on the basis of personal interview & their academic
qualification.
Business environment- Another purpose is to establish positive environment in
management so that work is being carried out effectively. It is essential for every enterprise to
focus on peace at workplace so that stability of subordinates remains for longer period of
time. In relevance with chosen entity manager and HR make ensures that mutual relationship
is developed amongst the people so that conflicts and chances of errors do not arise.
So, from the above explained paragraph, it is analysed that human resource
management is wider concept which requires deep understanding of field. Moreover,
functions are purpose is needed to be stated so that it becomes easy to use them in
management appropriately (Joshua, 2019).
P2 Briefly explain strengths and weakness of various approaches to recruitment & selection
Recruitment and selection are main functions of HRM and which are to be carried out
properly. Recruitment refers to searching for candidates to apply for job in particular
organisation. Whereas selection is defined as screening or short listing of applicants for
vacant job role. Both have different types of approaches which are discussed below-
Recruitment methods
Approaches Strengths Weakness
Internal Recruitment
Main strength of
internal recruitment is
that it is cheaper
method which is used
by firm for their
process (Wilton,
2016).
Another one is that it
is less times
consuming approach.
As it is internally
used it has limited
number of applicants
in selection process.
Also, in this
favouritism is done at
broader level because
referrals are used by
human resource.
External recruitment
In this, main strength
is that large number
of employee is being
While going through
this method, it is time
consuming & huge
Functions and Benefits of HRM Practices in an Organization_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Recruitment Process
|16
|4164
|54

Human Resource Management on Tesco Sample Assignment
|15
|4275
|27

Importance of Employee Relations in HRM Decision Making
|13
|3606
|46

Recruitment Process: Functions, Strengths, and Weaknesses
|18
|4641
|25

Human Resource Management (HRM) Assignment : Tesco Plc
|14
|3825
|349

Human Resource Management Tesco - PDF
|14
|4395
|175